Another New York Gift to Florida

As lousy as New York’s business climate is, it can get worse. Democrats in Albany are reminding businesses of this by passing legislation that would ban so-called non-compete agreements in employer contracts. Call it another gift to Florida.

Opposition to non-compete agreements has become a new cause celebre on the left. Businesses use these contractual restrictions to prevent employees from going to work for competing employers for a specified period after leaving a company. The agreements safeguard a company’s intellectual property and investment in worker development.